TransRe grows NWP by 19.9% in Q3 as underwriting loss rises to $232mn
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TransRe grows NWP by 19.9% in Q3 as underwriting loss rises to $232mn

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The underwriting loss at Alleghany grew to $200mn in the third quarter, up from $81mn last year, as $372mn in catastrophe losses at TransRe outweighed a $32mn overall underwriting gain in Alleghany’s insurance operations.

TransRe fell to a $232mn underwriting loss overall, with the $262mn underwriting loss its property division offsetting a $29mn gain in casualty and specialty.

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